New Delhi, Aug 7 - A week before Independence Day, Delhi Police Friday said they have arrested in the walled city two suspected militants of the Pakistan-based banned terror organisation Hizbul Mujahideen and recovered a large cache of arms and ammunition from them.

Sleuths of Delhi Police's Special Cell arrested Javed Ahmad, resident of Kupwara, and Ashiq Ali Bhat, of Kathua in Jammu and Kashmir, in Daryaganj area late Thursday night when they were moving in a stolen Hyundai Santro car with a fake vehicle registration number.

The two were presented Friday in the court of Chief Metropolitan Magistrate Kaveri Baweja, who sent them to police custody till Aug 17.

Police recovered two AK-47 assault rifles, two magazines, 120 rounds of ammunition, two hand-grenades, two fake identity cards and Rs.40,000 in Indian currency from the back seat of the car.

'Both the arrested men belonged to Hizbul Mujahideen and have been trained in weapons and underwent religious indoctrination in Pakistan occupied Kashmir. We have recovered large numbers of arms and ammunition from them and are interrogating them about their plans and targets in the national capital,' Joint Commissioner of Police (Special Cell) P.N. Aggarwal told a press conference here.

According to police, the two men came to Delhi on Thursday evening. and called up their coordinator Shahid in Pakistan from a public telephone booth for further directions. Shahid told them to meet someone at the Sarai Kale Khan bus terminal to learn about their next move.

The police were alerted about the two by central intelligence agencies and were tailing them.